The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.

The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.

This monthly report comprises three loan- and portfolio- level collections and one detailed address-matching collection to supplement two of the loan- and portfolio- level collections. The bank holding companies (BHCs) are required to complete the following FR Y-14M schedules: Domestic First Lien Closed-End 1-4 Family Residential Mortgage, Domestic Home Equity Loan and Home Equity Line, Domestic Credit Card, and Address Matching. The number of schedules each BHC completes is subject to materiality thresholds.

The Federal Reserve has published press releases in addition to a paper describing the methodology used in the stress test in the CCAR 2012 and summary results of the latest round of bank stress tests.